Protect your family by protecting yourself. Get covered through different stages of life with Manulife Protector – a life insurance plan designed to financially protect you and your family against death, total and permanent disability while providing long term savings if the protection is not needed. Your life, that’s worth protecting.
The insured person must be a minimum of 18 years old, and no more than 65 years old (minus the policy term) at the time of purchasing the insurance.
The minimum sum that can be insured is MMK 3,000,000.
In the case of death or TPD of the insured party, 100% of the amount outlined on the policy’s Benefit Schedule Table. Any amount in excess of the outstanding loan will be paid to the beneficiary or life insured.
The premium payment for Manulife Credit Life Protector is a single-time payment premium, which means you only need to pay once when the policy is issued.